Reopening the UK high street will not guarantee a rebound
by Richard Partington Economics correspondent from on (#53YAM)
Recovery will depend on consumers' personal finances and whether they feel safe
During the coronavirus outbreak, deserted high streets across Britain have been one of the most potent reminders of the economic damage being inflicted by the health emergency.
Retail accounts for about a third of consumer spending in Britain. With much of the high street closed and the economy slumping into the worst recession since 1706, Boris Johnson's plan to reopen non-essential shops from 15 June is key to limiting the hit to jobs and growth.
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